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XRP Overtakes Bitcoin as Most Traded Asset on South Korean Cryptocurrency Exchanges

XRP, the cryptocurrency of the Ripple network, has surpassed Bitcoin as the most traded asset on South Korean cryptocurrency exchanges, Upbit and Bithumb, for the second consecutive day. This signals a growing popularity of XRP among Korean investors and a potential shift in the cryptocurrency landscape.

XRP's rise to dominance can be attributed to its strategic partnerships with major Korean financial institutions, its unique attributes such as fast transaction speed and low fees, and investors' confidence in Ripple's potential victory in the ongoing legal battle against the SEC.

XRP's significant increase in trading volume has aligned with a price rally of approximately 2% over the past 24 hours.

XRP XRP $0.51
-0.4%
XRP Ripple
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